CPI measures general inflation for consumers for major individual expenses such as food, gas, shelter, and other basics.

The exact definition varies from person to person, but I mainly consider them <$40k reno and hitting those items.

However, when an LLC owns the property, it will not be in your personal name, which can result in higher interest rates on financing.This is just food for thought to give you a full 360-degree perspective on the topic.

@Matthew Wright know your landlord tenant laws as many states have or are enacting limits on application fees, some require itemizing and returning any unused portions if over a certain amount.

That's a long ways out but it's food for thought. 

So do the minor items you mentioned, whats the issue? 

So, while taking into consideration the age and condition of the damaged item at move in and the time the tenant was renting for is a factor, I personally don't think using a strict IRA depreciation schedule makes sense.

Food for thought. 

The price includes:- 3 nights at the Moon Palace resort - access to 3 conference keynotes, breakouts (60+ speakers), 3 big events for everyone, the exhibit hall, podcast host meet and greets, author signings, networking breakfast and lunches, and more- AND the all-inclusive amenities, meaning all your food and drinks at the resort- There are also extra services on-site, like a golf course, spa, childcare, and more. - Kids 15 and under are free to attend! 

Another thing I am thinking about is getting pictures, and then writing out the items that need work, putting an upper band figure on it, and then using that in my analysis.